Banking

Learn what check fraud is, how it works, and how banks are using innovative ways to eliminate check fraud activity.

This blog post discusses the ongoing issue of check fraud in 2025, highlighting its impact on financial institutions and customers, and explores how technology-driven solutions like AI and automation can help prevent it.

Phone-Centric Identity™, also known as Mobile Identity, Device Intelligence, or Phone Intelligence, refers to technology that leverages and analyzes mobile, telecom, and other signals for the purposes of identity verification, identity authentication, and fraud prevention.

Application fraud occurs when an applicant submits inaccurate information to a creditor, property manager, or any entity relying on personal data for customer approval.

Cryptocurrencies, originally hailed for their potential to revolutionize finance, have unfortunately become a breeding ground for a variety of scams.

Prove CEO, Rodger Desai, spoke about “Banks and AI: How to Get a Head Start Using Advanced Digital Identity" on a recent American Banker webinar.

Firms have the power to protect consumers by investing in real-time phone signal technology that fortifies vulnerable One-Time Passwords (OTPs) and prevents Account Takeovers (ATOs).

Design thinking emerged in response to rapidly changing consumer preferences under strong influence of technology companies getting into the financial sector.

E*TRADE turned to Prove’s advanced identity authentication and verification solutions to enhance their ability to mitigate fraud while still providing fast, easy, and best-in-class experiences to their users.

The notion of “Amazonization” describes the phenomenon of large-scale disruption that occurred in the retail domain following the aftermath of Amazon’s game-changing modus operandi.

Just a few years ago, the very concept of AI used to paint a picture of a 'distant' future – one filled with robotic, life-like machines, working at light speed. If you still think like this, then we'd urge you to think again.

“Passwordless” is a buzzword that seems to be everywhere these days, but what are the actual steps that companies can take to reduce or eliminate their reliance on passwords?